(Corrects to remove analyst estimates)
TOKYO Feb 12 SoftBank Corp, which runs
Japan's third-largest mobile carrier by subscriber numbers,
reported a 13.4 percent fall in third-quarter net profit on
Wednesday because of an increase in sales costs.
SoftBank now owns stakes in over 1,000 mobile-related
enterprises, adding to its empire this fiscal year with
purchases including U.S. No.3 carrier Sprint Corp, U.S.
handset distributor Brightstar, and Japanese app developer
Gungho Online Entertainment Inc.
In October-December, SoftBank's net profit reached 97.25
billion yen ($949.89 million) from 112.28 billion yen a year
earlier, the company said in a statement.
Shares of SoftBank closed 0.2 percent lower ahead of the
earnings release compared with a 0.6 percent rise in the
benchmark stock index.
($1 = 102.3800 Japanese Yen)
(Reporting by Sophie Knight; Editing by Christopher Cushing)